Tesla shorts feel the burn with $1B loss to start 2021

Teslarati
By Joey KlenderJan 5, 2021, 10:59 am138 pts
Tesla (NASDAQ: TSLA) short sellers felt the burn on the first days of 2021, recording a $1 billion loss due to the electric automaker’s boost in price on January 4. Tesla closed at a record high of $729.77 yesterday, marking the first official trading day on Wall Street of 2021 as a win for the Silicon…

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